Media reports surfaced saying that ECB officials told at a meeting with European ministers yesterday that some of European banks could be vulnerable amid SVB-Credit Suisse turmoil. Headlines triggered a slump on EUR market as well as European stock market indices. EURUSD dipped back below 1.06 mark while DE30 attempts to take out daily lows near 14,750 pts.
EURUSD dipped below 1.06 on media reports that ECB sees some European banks as vulnerable. Source: xStation5
Chart of the day: USDJPY (21.11.2025)
BREAKING: Mixed results for the UK PMI index. GBPUSD muted
BREAKING: PMI for Euro below expactations! EURUSD under pressure
Morning wrap (21.11.2025)